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Pricing

2022
Flag → Flag
Exports $80.8MRnk 115 / 218
2022
Flag → Flag
Top Product $71.8MRefined Petroleum
2022
Flag → Flag
Exports $315kRnk 41 / 112
2022
Flag → Flag
Top Product $156kScrap Iron
2022
Flag
Economic Complexity (ECI) ECI 0.81Rnk 33 / 133
2022
Flag  
GDP$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP GROWTH5.49%CURRENT US$
Rnk 154 / 186
2022
Flag
 GDP$12.9BCURRENT US$
Rnk 139 / 186
2012-2022
Flag
GDP GROWTH20.3%CURRENT US$
Rnk 122 / 186
2022
Flag
GDP PC $29,350CURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP PC GROWTH3.63%CURRENT US$
Rnk 132 / 186
2022
Flag
GDP PC$31,458CURRENT US$
Rnk 35 / 186
2012-2022
Flag
GDP PC GROWTH12.1%CURRENT US$
Rnk 109 / 186

About

Spain-Bahamas Trade: In 2022, Spain exported $80.8M to Bahamas. The main products that Spain exported to Bahamas were Refined Petroleum ($71.8M), Other Furniture ($1.97M), and Unglazed Ceramics ($1.41M). Over the past 5 years the exports of Spain to Bahamas have decreased at an annualized rate of 17%, from $206M in 2017 to $80.8M in 2022.

In 2022, Spain did not export any services to Bahamas.

Bahamas-Spain Trade: In 2022, Bahamas exported $315k to Spain. The main products that Bahamas exported to Spain were Scrap Iron ($156k), Other Floating Structures ($62.3k), and Other Inedible Animal Products ($43.6k). Over the past 5 years the exports of Bahamas to Spain have decreased at an annualized rate of 13.3%,  from $7.21M in 2017 to $315k in 2022.

In 2022, Bahamas did not export any services to Spain.

Comparison In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.81),  and 20 in total exports ($394B). That same year, Bahamas ranked 139 in total exports ($2.83B), and does not have data regarding Economic Complexity Index.

Latest Trends

August, 2024

About

Overview In August 2024, Spain exported €2.24M and imported €14.7k from Bahamas, resulting in a positive trade balance of €2.22M. Between August 2023 and August 2024 the exports of Spain have increased by €1.56M (230%) from €678k to €2.24M, while imports increased by €6.56k (80.4%) from €8.16k to €14.7k.

Trade In August 2024, the top exports of Spain to Bahamas were Electrical Control Boards (€291k), Unglazed Ceramics (€119k), Densified Wood (€101k), Industrial Furnaces (€85.3k), and Wood Carpentry (€48.6k). In August 2024 the top imports of Spain from Bahamas were Paintings (€38.7k), Other Inedible Animal Products (€25.1k), Engine Parts (€254), Centrifuges (€147), and Petroleum Coke (€108).

Origins In August 2024 the exports of Spain were mainly from Sin provincia asignada (€1.31M), Vizcaya (€370k), Ciudad Real (€212k), Madrid (€124k), and Barcelona (€108k), while imports destinations were mainly Madrid (€14.6k), Baleares (€104), Barcelona (€39.7), and Sevilla (€10.5).

Growth In August 2024, the increase in Spain's year-by-year exports to Bahamas was explained primarily by an increase in product exports in Unglazed Ceramics (€76.7k or 180%), Glass Bricks (€7.63k or 128%), and Building Stone (€6.48k or 163%). In August 2024, the increase in Spain's year-by-year imports  from Bahamas was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)€1.56M(230%)
IMPORT GROWTH (August 2023 - August 2024)€6.56k(80.4%)
MAIN EXPORTER (August 2024)Sin provincia asignada€1.31M

This section shows exports and imports data at subnational level for Spain. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Spain over time.

To check Bahamas and Spain trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Bahamas and Spain Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Spain exported $80.8M to Bahamas. The main products exported from Spain to Bahamas were Refined Petroleum ($71.8M), Other Furniture ($1.97M), and Unglazed Ceramics ($1.41M). During the last 5 years the exports of Spain to Bahamas have decreased at an annualized rate of 17%, from $206M in 2017 to $80.8M in 2022.

In 2017, Bahamas exported $315k to Spain. The main products exported from Bahamas to Spain were Scrap Iron ($156k), Other Floating Structures ($62.3k), and Other Inedible Animal Products ($43.6k). During the last 5 years the exports of Bahamas to Spain have decreased at an annualized rate of 13.3%, from $7.21M in 2022 to $315k in 2017.

Exports from Spain (Flag) to Bahamas (Flag) (2022)

Exports from Bahamas (Flag) to Spain (Flag) (2022)

Market Competitiveness

Color
Spain
Top DestinationFrance$65.2B
Bahamas
Top DestinationUnited States$1.4B

This map shows whether countries import more from Spain or Bahamas. Each country is colored based on the difference in imports they receive from Spain and Bahamas or the difference in the growth in imports.

In 2022, countries that imported more from Spain than Bahamas included France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

In 2022, countries that imported more from Bahamas than Spain included Cote d'Ivoire ($576M), Barbados ($30M), and Bermuda ($3.41M).

Difference in imports from Bahamas (Flag) and Spain (Flag) (2022)

Comparative Advantage Spain - Bahamas

Flow
Scale

This chart compares trade between Spain and Bahamas by product, considering products traded by both, Spain and Bahamas.

During 2022, Spain had a large net trade with Bahamas in the exports of Mineral Products ($71.8M), Miscellaneous ($3.11M), and Stone And Glass ($2M).

During 2017, Bahamas had a large net trade with Spain in the exports of Metals ($165k), Transportation ($62.3k), and Animal Products ($43.7k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Spain and Bahamas. This means that a dot/product with the flag of Spain indicates it has a comparative advantage over Bahamas. Similarly, a dot/product with the flag of Bahamas indicates it has a comparative advantage over Spain.

Product Space of Spain (Flag) and Bahamas (Flag) (2022)

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